As we read in w3volution, the financial company Stripe has announced the release of a feature that is part of a project that, once completed, would make it easier for businesses of all sizes to convert from legal tender to cryptocurrency for be able to make payments. This is a function designed, among other things, to facilitate payments to companies in the Web3 sector in many countries.
This new service offering, which the company calls “Fiat-to-crypto on-ramp”, works through a customizable widget that could be directly integrated into a decentralized app, an NFT, or a decentralized exchange platform. According to Stripe, the widget is dedicated to facilitating fast and seamless cryptocurrency purchases through Web3 applications. In addition, it offers personalized onboarding services to help new users and facilitate the processes.
The function also has the ability to manage fraud, and customer insight issues, which could be problematic for many companies, and consume a lot of resources. With it, Stripe, which among other companies is in charge of managing purchases for Apple and Walmart, among others, can be one of the actors that give a boost to payments based on Blockchain, and move towards its adoption at large. scale.
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